Summary - 10, CAEN STREET EX33 1AA
1 bed 1 bath Shop
Turnkey coastal gift shop with long trading record and strong village footfall..
- Prominent double frontage with large window display onto Caen Street
- Ground-floor retail area approx. 676 sq ft including stockroom and WC
- Trading business with 17 years same-owner history and established suppliers
- Reported net profit ~£23,000 in recent years; 100% small business rates relief
- Stock available on completion, estimated at £20,000 (purchase by valuation)
- Leasehold sale: current rent £8,500 pa; internal repairing & insuring basis
- Medium flood risk; EPC not provided — buyers should obtain reports
- Tenure details require verification; landlord may grant new lease subject to references
A prominent double-fronted retail unit in Braunton’s main shopping core, set up and trading as a fitted card and gift shop for 17 years. The 676 sq ft ground-floor selling area, window displays and established supplier lines (Jellycat, House of Marbles, Becky Bettesworth) deliver year‑round footfall from residents and tourists. Recent trading produced net profits around £23,000, and the business currently qualifies for 100% small business rates relief.
The sale is for the leasehold interest and the business, with fixtures, fittings and an estimated stock value of £20,000 available by separate valuation. Current rent is £8,500 pa on an internal repairing and insuring lease; the landlord may consider a new lease subject to references. Outgoings are reported as minimal but prospective buyers should confirm costs and view full accounts.
Practical points to check: tenure is leasehold (assignment or new lease), the EPC and Recommendation Report are not provided here, and the site has a medium flood risk. The property is close to the main car park and benefits from steady local trade and tourist links to nearby beaches, making it suitable for a sole operator, partnership or investor seeking a turnover-ready retail unit with scope to refresh merchandising or open additional trading days.
Overall this is a compact, well-located retail business with proven trading history and visible street presence. It presents a lower-cost entry to high-street retail in a busy coastal village, but purchasers should allow time for lease/legal checks, confirm stock valuation and review flood mitigation and the EPC before committing.
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